You said yourself that Bitcoin isn't the problem.
It isn't. I listed the problems already, and don't think they will resolve themselves. Some may be solved eventually, but I think the scammers, hackers, and black market sellers (amongst other things) are going to kill BTC before it ever gets off of the ground. |
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You use a different mode of transferring the information (dial-up modem vs dsl/broadband) and different programs (compuserve or whatever vs gmail) and receive the information on a different type of machine (pc vs pc, laptop, and phones) using the same basic method (email protocol)
So a similar, but more advanced (read: different) version of the technology of what you used before?
Yeah, I said that.
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Hey Evolve, you know how I used email back in 1989? I had to physically connect my telephone receiver to a device called a "modem", then dial up the number of a thing called a BBS. I then had to input a string of commands into my computer that would connect me to the BBS and start up a programme called a "client", through which I was able to "download" my emails. I would then disconnect from the BBS, write my replies, then start the whole process up again and tell my "client" to send the replies. I would do this, on average, once a day... normally in the evenings. And I thought it rocked! But at the time, most of my friends and family around the world thought it was too cumbersome.
Now they email from their iPhones and Blackberries... so again, the only failure here is a failure of the imagination.
Are you still using a dial up modem? No. You use a similar, but different technology. A similar cryptocurrency may eventually replace bitcoin, but BTC will almost certainly be gone before any pipe dreams of BTC reaching $1000 come true. |
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the advent of 'programmable' cryptographic money still has large upside if dominated by sophisticated users as a technical internet phenomenon rather than 'going mainstream'.
I agree with this whole-heartedly. I dont think the problem lies with BTC in and of itself, nor do I think that cryptocurrecies are inherently doomed to fail. The math/programming is sound, and definitely well thought out. The problem is usability, the constant scamming and hacking, and the mentality of tying its value in relation to USD/EUR/whatever. (in other words, I use USD daily without thinking/worrying about how many pips were lost to the yen or euro) That said, in a different time and place, something similar BTC could work. I just dont think BTC will ever hit 1:1000 with the dollar or stand the test of time. |
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Right now, we have an internet "currency" that is difficult (or at least cumbersome) for the average person to figure out. It is hard to move money in and out of exchanges, and history tells us using the exchanges is risky, since many of them have closed up and ran off with peoples money. OTC trades are even more risky.
Once you have your BTC, you have to take ridiculous measures to ensure your wallet isn't somehow hacked. You can skip this step, but doing that has cost people on this forum a metric shit-ton of money..
Once you take these security measures, you can finally spend your BTC, if you so chose....but wait! what are you going to buy? The btc market mostly consist of virtual items, black/grey market items, and trinkets...and if you are lucky, the seller will value his "rep" more than your money, and actually sends you the item (or doesn't scam you with a fake item) because there is no way to chargeback.... you could go with escrow, but thats another extra step that shouldn't be needed just to by a bitcoin keychain or whatever.
Add in a poisonous community that scams each other at every given turn (just look at all the ponzis and other scams), and you can see why I dont think this will go anywhere.
I think its cumbersome nature and main userbase aren't going to be changed anytime soon, and certainly not before scammers run this shit into the ground.
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Lol...after a year and a half (if not more) of watching an alarming amount of hacks and scams (alongside a community with an insane amount of infighting), I cant see this whole thing taking off outside of a few bubbles here and there.
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Never.
This experiment will die long before that ever happens.
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so what happens when the asics don't ship? who eats the cost, you or your lender?
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If you could make legitimate free energy (which you can't, because physics), you wouldn't be on YouTube posting shitty videos, you would be rubbing elbows with the worlds leaders because you just solved one of humanities greatest problems (sustainability).
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I was just wondering what you might want to give me for 1 BTC?
Herpes. I will give you Herpes for 1 btc. |
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If I were an entity such as the Federal Reserve or US Fedgov I would be extremely threatened by Bitcoin.
This is the point where your reasoning goes wrong. The government isn't threatened by bitcoin. Why would it be? Right now it is just a nerdy internet cryptocurrency accepted by almost nobody (with the exception of sellers of black/grey market goods and services and hardcore proponents). It's main userbase scams each other on an alarming scale, and the network (mining) consists of a neverending arms race that ensures that eventually only the top x% can run it. Lets be honest, this whole thing will collapse itself eventually....it doesnt need the governments help. |
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Hello, everyone, my name is Dank and I'm here to prove my worthiness as an investment. I have a dream, a dream unfolding before my eyes, guiding me through life and I'm here to ask for the financial support needed to make my dream a reality. By the end of this year, 2012, I believe I will be a highly known guitarist/musician. This time frame may seem unrealistically short, for I have only started playing electric guitar towards the end of August, but recent realizations have led me to believe this is possible. Humans have been evolving exponentially for some time now, with advances in technology and communication lessening the time needed for the same amount of change to occur. Logically, following this pattern, there will come a time when more change happens in an hour than has happened in the last millennium. Through meditation, connecting to a higher consciousness within, and communicating these ideas, I've had the epiphany that 2012 is a real event. It's not the end of the world and it's nothing to fear, the changes occurring through 2012 are completely spiritual. Humans are waking up from the illusion of our man-made society, our awareness is increasing and we are once again discovering the true spiritual nature of our universe and self. This burst of love gleaming through the world will manifest globally, this year, and with the increased self awareness and worldly consciousness (through communication/technology), it will stay among us. The truth can be found within one's self, and when the truth is found, it spreads like wildfire. More and more individuals are realizing, the only thing needed to be truly happy, is to act out of love. By the end of this year, we will reach a critical point where love is rampantly understood and sought upon, where more humans become in tune with our consciousness and leave behind their egos, along with the negativity associated with ego, such as greed, disease, war, power and fear. This power of love is what will give me the ability to effectively play guitar, from the soul, this year. I'm no more special than anyone else, many others know these things and more learn everyday. Our ancestors knew these times would come, and you do to. Your consciousness, our consciousness, knows everything, it's up to you to tap into it and find out for yourself. I'm calling upon individuals to help support me as I, and others, share this message of love among mankind. I would like to organize a music festival, larger than woodstock, by the end of the year, and believe it is possible, with the conscious, united effort of humanity. I'm looking for people interested in helping with the music festival. What we're looking for: ✓ 1000 Acres land ✓ Stage equipment ✓ Audio equipment ✓ Audio technician ✓ Lighting equipment ✓ Lighting technician ✓ Contractor (build bathrooms) ✓ Electrician ✓ Lots of fireworks + pyro  Optionally, we will also set up some carnival type rides if we could get a volunteer for them. Of course, we could have more than one of each volunteering position and anyone that just wants to volunteer to help, can. Help be a part of history by taking the end of the year off of work and working together, as one, to form the biggest music festival ever. Updated guitar samples will be posted periodically: http://soundcloud.com/dankmJimi Hendrix - Power to love
Payouts occur each Friday. Your deposit may be withheld for however long of a duration you choose. Interest rates are subject to change for new deposits only. Dank Soul Guarantee - Danksurance
The Dank Soul Gurantee is my karma based system of insurance. I acknowledge and respect that karma would play a negative role on me if I were to steal anybodies deposit, thus, offering an incentive to not perform such an action. Dank Bank, as with many other investment opportunities, is largely trust based. I hereby give my word and my soul that I will perform as an honest trader, no exceptions. Interest chart
| Investment | Monthly | Bimonthly | | 10-25 BTC | 1.2% | 1.3% | | 25-50 BTC | 1.4% | 1.5% | | 50-100 BTC | 1.5% | 1.6% | | 100-500 BTC | 1.7% | 1.8% | | 500+ BTC | 1.9% | 2.0% |
Statistics
| Total invested: | 415.36 BTC | | Currently invested: | 76.36 BTC | | Minimum deposit: | 10 BTC | | Current capacity: | 1000 BTC | | Available durations: | monthly, bimonthly | |
Deposits
| ID | Investor | Investment | Weekly interest | Duration | Start date
| | 0008 | senbonzakura | 1.36 BTC | N/A | Monthly | 9-29-12
| | 0009 | squall1066 | 75 BTC | 2.0% | Bimonthly | 10-11-12
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Happy to answer any questions regarding anything I've said. Have your read your OP lately, dank? These were your actual words. How does that make you feel? I mean, you screwed Squall pretty fucking hard here. You said that you give "my word and my soul that I will perform as an honest trader, no exceptions." in your "danksurance" section...so does Squall now get to own your soul since you defaulted? it only seems fair... no exceptions....(your words)  |
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I could repay them some money, but that wouldn't keep them from being in a state of confusion.
Hahahahahahaha, yeah you are doing squall a favor.....what the fuck is wrong with you?!? |
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Come on guys, this is a face you can trust. I'm sending him all my money right now.  |
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You were a lot more patient than I would've been.....
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Information cannot be owned by single entity!
It can be (and is) in my country and others. Trade secrets and Intellectual property (copyright, patent, trademark, design, etc) are all protected by law in many countries. But none of that matters. You don't have free speech on a privately owned forum. Period. Keep throwing a hissy fit if you want, it doesn't change the reality of the situation. You have no recourse, suck it up and stop being a whiny petulant man-child. Edit: looks like you got your hate-filled posts back, and now you have your very own thread to spread your hate. Good for you. Once again, you disappoint me, bitcointalk. |
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Also yes, Evolve I agree with your private forum argument. It's true censorship can be had here as per agreement in using the forum. Private forum is when it is run on localhost only or have no connection to outside internet. If someone decides to serve something publicly for other internet users to use then it is no more private but public and he have responsibilities. It is like waiting till bus is full of passengers and then deviating from route or starting to touch 16 year old girls just because they are on his private bus! If it responds to port scan, it is not private. Bullshit. When you join a forum, you agree to the TOS set by the forums admin and owners. This forum is owned by Mt.Gox, and they have the right to restrict service in any way they choose. If you dont like it, open your own forum. Free Market, bitch. It is not bullshit, I only told facts. I'm not neo-nazi, I'm traditional national socialist. It is not productive to spend time talking with same minded people on stormfront or similar places. Talking to different minded people and making them to believe my ideology is the productive thing.
Facts? Dude, you claimed that "whites" invented electricity....you dont even seem to have a firm grasp on reality, much less facts. For the record, being a regular nazi isnt any better than being a neo nazi. |
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Freedom of speech is one of few things that is absolute. ...
blah blah
....
I consider bringing this forum offline for few hours. If the freedom of speech is selective freedom, then I will select to silence everyone. This will give admins time to think about this issue.
 Freedom of speech doesn't apply to privately owned forums. Good job being an internet tough-guy though. |
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Personally, I don't feel any sympathy for the racist asshole.
This is a privately owned forum, and as such, they are free to moderate speech however they want. This isnt 4chan, and this type of shit does nothing to benefit BTC, it just makes us all look bad.
If he wants to spout racist bullshit, he can take that shit to stormfront or some other neo-nazi hate website.
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Whites invented electricity.
You aren't very bright, are you? |
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